Thoughts about hording Precious Metals...

Yes....I've spent years in multpile third world countries, including Afghanistan.

No but I have always had a healthy dose of paranoia

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I am not advocating to not prepare for a wide variety of situations. The guy asked about hoarding precious metals. I offered my opinion that a little silver wouldn't hurt. But apparently that is not an acceptable answer here beyond Thunderdome. To each his or h

Ya'll need to read Enemies Foreign and Domestic.. It's a trilogy that came out in 2011... I'm almost done with the last book of it..

It will make you really stop and think what this country and government will be like.... Not just what it will be like trying to survive...

It's scary.... It will be nothing more than a crap shoot as to whether you live or survive.. but until that time, you'll probably not want to be around to see any of it...

I'd say a LOT of what is in this trilogy could very easily end up happening concerning the government and the fate of our country.

It talks a lot about how money has changed and laws the government has passed concerning money and metals... It talks a lot about bartering and laws against it... It. You can EASILY see the things talked about actually happening after they give you the reasons why it has..

You don't EVEN want to know about Long Pig... but that would come to pass too.... in real life...

Seriously.. I've seen and read a LOT of doom and gloom books and movies, but this one is by far the most well thought out foresight into the future I've ever seen from a fiction author.

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^^^ This is what I responded to ^^^

Don't cop out now , its called having a conversation . I believe we left off with you comparing 3rd world desperation to 1st world desperation .
I honestly have not read any replies but whats on the last page .Perhaps I drifted off topic ???

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NSA - The only government agency that actually listens to what you have to say.

A. Sounds like you are military and if so, thank you for your service.

B. I may disagree with your assumptions, but that doesn't mean I think you're stupid. We are all making huge assumptions of a future which may or may not happen, assumptions based on limited data and our own biases.

C. You may be right, a gradual slide into a mega depression may be just what happens. In that case, stores may not get plundered because the basic gov't infrastructure remains in place. We may get martial law or just more oppressive gov't than we have now. One thing is for certain, gov't ALWAYS believes more gov't is the answer. It takes a collapse of gov't, thru internal decay or violent over throw to get less gov't.

One thing to consider with your third world analogy is a country in total anarchy, like Somalia. That is closer to your Mad Max analogy than Afghanistan where strong gov't forces of one kind or another exist. And also consider third world may not compare at all to big city America if a mega depression slowly squeezes out more and more gov't services, grocery stores dry up for lack of deliveries, water systems quit working, etc.

D. Going back to my strategy of avoiding an all or nothing bet, since we don't know the future, we should be planning for a variety of outcomes. Guns and ammo; gold and silver; food, tools, and land; all need to be part of a prepping strategy.

BTW - even though I have proven myself above average in competition shooting, I fully understand no one was shooting back at me or my family, I was fully fed, I had slept the night before in a comfy bed, and I knew that losing the competition wouldn't cause me any harm except to the ego. So I agree with you, I don't want to create a situation where I'm betting my life on my speed of draw and aim. But that doesn't mean I shouldn't prepare for such a situation because that situation can happen anywhere, anytime.

Knowing how modern Americans are, when they no longer get what they want (or need), this is the scenario I envision.

Note that is is all about gasoline.

LOL I lived near LA and watched the carnage on-stop on TV, where they did over$1 billion in damage - in six days.

Good luck to us all. It won't be a "plan", it will be fighting for survival.

My point is you have to prepare for a wide variety of situations, across the entire spectrum of possibilities. I thought it was funny that the OP asked about hoarding precious metals and it essentially turned into "don't bother, nothing will be bartered and violence will be all that occurs". Could that happen? Sure but that is one extreme end of the spectrum...there are a metric ton of other possibilities. Also, if you base all of your preps based around that outcome, you will likely be unprepared for the others.

Deke....I don't think we disagree much at all.

I volunteered for Hurricane Andrew in Homestead ,Fl on the first day we med evaced dozens of trauma cases , the second day people stepping on nails,broken bones and cardiac /diabetics with no meds , the 3rd day it was physically abused women and children from domestic abuse when the normally sane fathers could not deal with a life changing event or being able to care for their families and being lost at what to do which led to fighting and abandonment , the 4th day we cared for the dysentery from people drinking bad water when every water heater still was full and they had no idea how to get it out by turning the valve on the tank since all water /sewer/electric service had been shut down , People where wandering the streets and national guard soldiers where standing on each street corner watching because people were being robbed of anything they had as far as food /money/water/ clothing in broad daylight and all this happened in the first 5 days WITH government help and supplies and given it was a large storm damaged area it was not even 1/8 of 1 state ,multiply that times 50 states with no assistance and imagine the outcome . maybe some can understand how I consider food and supplies worth more than any coin you deem invaluable .the looting and theft started minutes after the storm passed i was working out of a forestry service Huey helicopter and flying over the devistation was unbelivable, many were stealing $100,000.00 motor homes and just driving them away ,The local home depot was empty in 2 days ,food store 1 day gas stations people where cutting the hose to get anything out . What good are shiny coins in any of these situations ?fema showed up days later and that was WITH a functioning state and fed government .

Well Grumpy what good would a big store of food done for those folks ,if blowed away or under water . Those shiny coins could go in my boot while i ride that borrowed motor home out of town . But better yet I an't going to be in any big town .

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If you make it that far . we don't have hurricanes in Tn Nor any flooding on my ridge and that motorhomes only goona go as far as the gas holds out , Why buy anything that can lose it's value ? I can always eat my food .

Grumpy you miss the point poor folks need food first but i know folks that live in the city they can't store a hundred thousand dollars of food . I have plenty of food for a year or two but in case of a need to run i can't take it with me not fast . If i never cash in my metals then the only one that will know where it is will be the child that don't blow every nickle they get

Alter one takes care of their own needs I put back for the next generation should I depart . And no I don't need more land we just gave one spot away to keep from messing with it . It even has a new shop built on it .

Again metals arn't for those wondering how to pay their next payment or a tire on their car . Now if i am stupid enough to stay were there is a big storm a few miles and coming strong I would hope someone in my family would dig out a couple oz of gold and send a helicopter for me .But we an't been that stupid yet .

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So you are prepping for the first 5 days of a crisis. I'm taking a longer term view. There will be an economy of sorts post SHTF. At some point you are going to need more than food to barter with.

Grumpy does have a point, that things can turn pretty ugly, pretty quickly.

In the case of a Hurricane, the saving grace, is that the Government and the rest of the country, is still functioning normally.

Should be pretty interesting to see shat happens, when nothing is functioning normally.

At some point your going to have to eat ,Prepping for 5 days ? I wouldn't waste any time on 5 days ,I could block my driveway and stay here for years right now . I have power , I have a well and windmill , I have more ammo than I'll ever need , I have animals ,I have food , I don't need coins .

You may be right. Personally I'm not so sure of my prediction that I want to make that bet. It is a risk vs reward thing. If history is any guide, the dollar value of my PM is always going to vary but the bread and beans value of it will remain fairly constant. So my downside for having PM is minimal whether we remain in status quo or have TEOTWAWKI. My upside could be significant under a fairly normal political environment with runaway inflation or if there is TEOTWAWKI.

So in a wide range of circumstance there is low downside risk and significant upside reward. It is hard to argue against that sort of bet. I'm a poker player and I look all day for opportunities with that kind of risk vs reward.

While it is true I could get killed so that some bad guy can steal my PM, in that sort of world, the rest of my preps are also in danger. It is awful hard for 2 people to defend the orchards, gardens, and livestock on 100+ acres.

As to feeling secure because you can block your driveway. Good luck with that. People with guns can walk. It is a good first step, but it isn't going to save you from a determined group of looters.

The difference between them and myself is I would have no qualms about Shooting first ! I'd drill the first and biggest one that steps foot on my land .and drop them like a box of matches ,If you can do it legally for your country why would it feel any different for your family ,Heck i think it would be easier to deal with ! and would hav not a second thought about it other than picking up whatever they brought with them and firing up the tractor for the hole ! That would be were the heads on stakes comes in . It's always easier to beg forgiveness than ask permission ! Three can keep a secret if two are DEAD !